Uganda's communications regulator has thrown its weight behind the fast-growing informal Wi-Fi hotspot business model, urging telecommunications companies to respond with innovation rather than oppose a service that is expanding internet access for low-income consumers.The Uganda Communica
Revenue officials say taxpayers are increasingly questioning how their money is used, warning that public trust and accountability are becoming critical to Uganda's efforts to raise Shs40 trillion in taxes and finance its record Shs84.39 trillion budget.KAMPALA — The Uganda Revenue Autho
Finance Ministry PSST Ramathan Ggoobi identifies the ATMS sectors as the primary engines for Uganda’s economic growth and job creation over the next decade.KAMPALA, Uganda — Legal claims against the Ugandan government have increased sharply over the last three years, reaching 6.45 tril
Minister of Trade, Industry and Cooperatives Sanjay Tanna has pledged to engage manufacturers and review concerns over proposed tax measures, assuring investors that government remains open to dialogue ahead of the new financial year.Tanna made the remarks during a meeting hosted by the St
Uganda continued to offer the highest 91-day Treasury Bill rate among major East African Community economies during the first quarter of 2026, according to the latest EAC monetary statistics.The data indicates Uganda's position at the top of the regional interest rate rankings
Uganda hits a major milestone toward first oil, drilling 199 wells to surpass the government threshold required for commercial production.KAMPALA, Uganda — Uganda has drilled 199 oil wells, surpassing the threshold required to begin commercial production later this year, according to the
The government has earmarked Shs2.26 trillion for agro-industrialisation in the 2026/27 financial year, targeting irrigation, value addition, agro-processing and agricultural research as part of efforts to transform Uganda’s agriculture sector into a more commercial and export-driven engine of
Uganda’s income per person is projected to rise to USD 1,420 (about Shs5.1 million) in the current financial year, Finance Minister Henry Musasizi announced Thursday, a milestone that underscores the country’s steady economic expansion ahead of the anticipated oil era.Presenting the 20
Presenting the national budget before Parliament on June 11, 2026, Finance Minister Henry Musasizi said the country's economic outlook remains strong, supported by low inflation, rising exports, growing investment and increasing business confidence.Musasizi projects Uganda's economy will g
When the Minister of Finance, Henry Musasizi, presents the 84.3 trillion shillings budget for the 2026/27 financial year on Thursday, one figure will stand out among the revenue projections. The budget comes at a time when policymakers are positioning mineral resources, especially oil and gas, as
